SEOUL: South Korea indicted Terraform Labs co-founder Daniel Shin along with nine others on multiple charges including violations of capital markets law.
Prosecutors froze 246.8 billion won ($184.7 million) in assets from the people so far, the Seoul Southern District Prosecutors’ Office said at a press briefing yesterday.
Officials indicted eight people including Shin for illegal trading and two additional people for breach of trust. Those charged are all directly linked to the Terra project, including marketing, systems development and management, prosecutors…
